Institutional Investor – The largest hedge fund firms and their investors have something of a love-hate relationship. On the one hand, the growing ranks of institutions pouring money into hedge funds and other alternative investments prefer firms with deep benches, solid infrastructure, sophisticated risk management and a large team of portfolio managers and analysts sleuthing for investments.
On the other, investors are mindful of studies consistently suggesting that smaller, younger, even fledgling funds outperform bigger, older, more seasoned funds.